617 King Street N Waterloo, Ontario N2V 2N3

16,000 ft2

$5,999,990

VTB possible. Beautiful Banquet Hall approx. 15,500 sf building sitting on Approx. 1.50 acres with 4 halls (no kitchen/restaurant, but space available to add). Banquet Hall fully renovated last year. 75+ parking spaces. Banquet hall rooms renting on daily base and upcoming bookings already reserved. Site an also be looked at as a redevelopment as it’s located in one of the most vibrant nodes of the region. Prime location with very large frontage on the main road and 3 entrances from main road. Large residential unit on second floor with separate entrance (can easily become 3 res units), 5 rooms, 2.5 bathrooms and kitchen with large dinning/lounge area. 1KM from highway 85. Located 500m down the street form Conestoga Mall and surrounded by all major retailers, hotels and big-box stores. VTB available up to 70% with flexible open terms. C5-81 Zoning allows most all retail uses if the current use is not of use to you. Current owner is retiring. (id:43503)

Property Details

MLS® Number 40782029
Property Type Other
Amenities Near By Airport, Hospital, Public Transit
Community Features High Traffic Area

Building

Basement Type None
Stories Total 1
Size Exterior 16000.0000
Size Interior 16,000 Ft2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Airport, Hospital, Public Transit
Sewer Municipal Sewage System
Size Depth 296 Ft
Size Frontage 224 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description C5-81

https://www.realtor.ca/real-estate/29030328/617-king-street-n-waterloo

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